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Best Sportsbooks US / Betting Guide / Compared: DraftKings vs BetMGM

Compared: DraftKings vs BetMGM

Publish Date: 31/03/2022

Which is better, DraftKings or BetMGM?

draftkings vs betmgmWho would win in a fight between DraftKings vs BetMGM? It’s a simple question but it’s got a fascinating answer. Take a look below to see if you should sign up to DraftKings or BetMGM!

Both of these sportsbooks have made a massive splash in the US sports betting scene. While they have very different backgrounds in fantasy sports and casino gaming, they both have the noble aim of trying to give you evermore competitive odds, spreads, and bonuses. Keep reading to see which is better DraftKings or BetMGM!

Is DraftKings or BetMGM in your US state yet?

You may think it’s all about DraftKings vs FanDuel, but we think that BetMGM is worth a look. Before we start analyzing the merits of DraftKings and BetMGM, it’s important to remember that you should check to see whether each of these online sportsbooks is legal in your US state yet. After all, while both of these operators are now available in more states than ever before, they still have some ground to cover before they can be accessed by everyone in the US.

DraftKings has made an impressive start in its bid to crack the US betting market. You can now bet on sports in a wide range of states like Arizona, Colorado, Connecticut, Illinois, Indiana, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming.

There is a similarly impressive coverage from BetMGM which now caters to customers in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Michigan, Nevada, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming.

While DraftKings might have the edge in catering to small states like New Hampshire, we can see that both sportsbooks should be able to cover most US states where online sports betting is legal. Plus we should note that BetMGM and DraftKings have made sure that their betting platforms are covered with the latest SSL-technology to make sure that your data and deposits stay safe.

Rating DraftKings vs BetMGM for their welcome bonuses

We found that DraftKings and BetMGM both have massive welcome bonuses, but each of these deals works in different ways. Our favorite was probably the BetMGM sign up offer, but both deals looked like decent value for money. So let’s have a closer look at what you can get for signing up to these online sportsbooks for the first time.

BetMGM has put on a typically huge first-bet offer for new customers. This will refund your first sports bet, if it loses, by 100% up to $1,000. It’s not the most original welcome bonus that we’ve ever seen, but we loved how simple it was. After all, you can get this deal simply by signing up to BetMGM for the first time and then you just have to put down a $10 deposit. If your first bet loses and you get your refund, you can use it however you want across the whole sportsbook. Just remember that you can’t withdraw your site credit and it has to be used within seven days.

The DraftKings welcome bonus is a little more complicated, but it’s no less enjoyable. It’s a deal that will match your first deposit of $5 or more by 20% up to $1,000. You’ll have to unlock the site credit in $1 increments for every $25 that you wager on odds of -300 or longer. Thankfully you get a full 90 days to complete this task. All of which should help you get a little extra to play with during your first few months at DraftKings. Just remember to see what happened when we compared DraftKings vs Barstool for bonuses.

The latest offers from DraftKings

Is DraftKings or BetMGM better for your favorite sport?

Both of these sportsbooks offer you a reliable way to bet on all of the big US sports like basketball, football, baseball and hockey. However, beyond this, you might see that there is little more variation in their coverage. For example, DraftKings looks like it has good coverage of Australian rules football, while BetMGM might be better for betting on table tennis.

For the big sports, you’ll find that things are pretty much equal between DraftKings and BetMGM. We picked a massive game between the Bruins and the Kings in the NHL and found that both sportsbooks gave you endless betting lines on everything from the points spread to alternate puck line and much more.

Obviously the betting odds and spreads are hugely important and DraftKings and BetMGM seemed to be equally competitive with the odds and spreads for this hockey game. Just remember that DraftKings serves up plenty of Daily Specials which can be a good way of getting enhanced odds and spreads for specific markets, while BetMGM offers odds promos on anything from NBA parlays to correct score bets for Premier League soccer.

Again, it’s hard to separate what DraftKings and BetMGM do here as they are so competitive. Our advice is simply to give each sportsbook a try and see which one covers your favorite sport best.

Does DraftKings or BetMGM have your preferred payment method?

We found that both of these online sportsbooks give you safe and stress-free ways to make deposits and withdrawals. Adding your money at DraftKings is fast and easy. It features ACH bank transfers, although you can also make deposits with credit and debit cards like Visa, Discover and MasterCard. Further deposit options include the likes of PayPal, Play+ and so on.

If anything, BetMGM includes a few more deposit options than DraftKings as you can add money to your account with all of the above as well as American Express and Skrill. Both sportsbooks let you make deposits in person at their partnered casino cages.

The good news is that both of these sportsbooks are equally fast at paying out. We tried making a PayPal withdrawal at each betting site and found that both DraftKings and BetMGM paid up within 48 hours. Plus we should note the fact that all of our deposits and withdrawals were free at each betting site.

Ranking DraftKings vs BetMGM for customer support

Customer support is an incredibly important part of how online sportsbooks operate and we were glad to see that neither BetMGM nor DraftKings let us down here. This is because both sportsbooks appeared to offer quality customer support that was available around the clock.

We found that it was marginally easier to get in touch with the customer support team at DraftKings, as BetMGM makes you click through a couple more links in its help center before you can reach anyone.

But beyond this, we found that each sportsbook made excellent use of its live chat and email support options. Some people might be disappointed to find that there is nothing in the way of telephone support at either site, but we were more than happy using live chat.

Like most sportsbooks, BetMGM and DraftKings have got help centers on their sites that offer you a wealth of information about how to use the sportsbooks. If anything, the BetMGM help center was a little more user-friendly, but again, there wasn’t too much between these two excellent betting brands.

DraftKings vs BetMGM sportsbook for promos and special offers

These sportsbooks have big welcome bonuses, but they take different approaches when it comes to rewarding existing customers. DraftKings doesn’t have too much in the way of regular promotions, but it’s got a great-looking VIP program as well as a handy little refer a friend deal.

This is contrasted by BetMGM which showers its existing customers with deals that could boost your parlay profits, insure your parlay bets, or give you more to play with at the casino and poker platforms. Plus we should note that there’s a great BetMGM Rewards program that you could use to get real-life benefits at one of the many MGM Resorts outlets. All of which suggests that BetMGM just edges it in terms of promos.

The latest offers from BetMGM

Other important features in the battle of DraftKings vs BetMGM

You might be able to enjoy more than just sports betting at DraftKings and BetMGM depending on where you’re based. This is great news as both of these online sportsbooks also have well-stocked casino sections. As such, you could come to either BetMGM or DraftKings and know that you could look forward to playing anything from a simple slot game to an immersive live dealer game of blackjack and roulette.

Beyond this, the two operators tend to diverge. This is because DraftKings has a world-beating fantasy sports product as well as a pretty innovative NFT marketplace. However, if you look over at BetMGM, it doesn’t have these services, but it makes up for it with a simply awesome online poker platform.

Conclusion - One more time, which is better DraftKings or BetMGM?

So if it came down to a simple choice between DraftKings and BetMGM, we’d have to admit that we’d have a tough time picking one above the other. After all, they both give you a great example of what you should be looking for in an online sportsbook and there were barely any faults on offer. All of which means that you might want to see what happened when we compared DraftKings vs Caesars.

If we had to try and put one betting site above the other, we’d say that DraftKings is a better option if you have any interest in fantasy sports. Conversely, if you want to play slots and table games while you wait for that big game, then BetMGM is probably going to be the better option.

But if you’re simply looking for competitive sports odds, generous bonuses and a safe betting environment, then there isn’t too much to separate BetMGM and DraftKings. Plus we have to remind you that there’s nothing wrong with signing up to both sportsbooks to make sure that you’re always playing with the best odds, spreads, and bonuses!

Which is better DraftKings or BetMGM? FAQ

🎁What is the latest BetMGM promo?

Make sure that you read our guide to see what the latest BetMGM promo bonus is as we examine how this sportsbook compares with what we found in our DraftKings sportsbook review. After all, promo bonuses remain a hugely important tool that sportsbooks use to encourage customers to sign up to their betting sites. So join us as we see whether DraftKings or BetMGM is better in terms of their welcome bonuses.

💪Who is best out of BetMGM vs DraftKings vs FanDuel?

Read our guide to see which is better DraftKings or BetMGM or FanDuel? To be honest, we’ll be concentrating on the efforts of the first two sportsbooks mentioned, but it’ll give you a great idea of what you should expect from these top betting sites. Plus you can see what happened when we compared FanDuel vs BetMGM here. All of which should help you see which online sportsbook could work best for your sports betting needs!

✅When will DraftKings be legal in Arizona?

Be sure to read our guide to see whether DraftKings or BetMGM is legal in Arizona yet. Plus you can even compare the coverage of FanDuel vs Caesars in Arizona. We’ll be comparing these online sportsbooks in regard to everything from their welcome bonuses to the states in which they operate. All of which will give you everything you need to know about which betting site could work best for your online wagering in the Grand Canyon State.

❓Is there a BetMGM WV promo code bonus?

We couldn’t have an analysis of DraftKings vs BetMGM unless we look at the brand’s sign up offers. So read our guide to see what kind of promo code deal you could get for signing up to either of these online sportsbooks anywhere from West Virginia to Colorado. Perfect for seeing whether you should get a DraftKings bonus bet or one of the BetMGM bonuses!

💰How do I get a DraftKings $5K first-bet offer?

Check out our guide that answers the question, ‘Which is better DraftKings or BetMGM?’ This guide will start by comparing where you can play at these online sportsbooks from before walking you through their bonuses like the DraftKing promo code deal  as well as their betting odds, spreads, and much more. All of which will help you see what steps you need to take to get the DraftKings first-bet offer.

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